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Tesla Stock Drops 7.5% Despite Beating Delivery Estimates by 74,000
Tesla delivered 480,126 vehicles in Q2, beating estimates by 74,000, yet its stock dropped 7.5%. Investors sold off due to concerns over margin erosion from price cuts and doubts about growth sustaina
Nasdaq News — 3 July 2026
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Tesla delivered 480,126 vehicles in the second quarter, surpassing analysts' estimates by a significant margin of 74,000 units, or 25% year-over-year
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